Cobbetts scoops third Hammonds partner

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Latest Briefings

Update on EC proposals to amend UCITS, AIFMD, EuVECA and ELTIF to facilitate cross-border distribution

On 12 March 2018, the European Commission issued a proposal for a new regulation (the Regulation) and a new directive (the Directive) concerning the cross-border distribution of collective investment funds amending inter alia UCITS (the UCITS Directive), AIFMD, EuVECA and EuSEF (the Proposals). Please find below a summary of the main changes under the Proposals. What will change under the Proposals?

MEES: What information is required to register an exemption?

By Maria Connolly Since 1 April, it has been unlawful for a landlord to let a property with an EPC rating of below E, unless an exemption has been registered on the PRS Exemptions Register. The government has released guidance on the evidence required to register an exemption on the PRS Exemptions Register…

Getting the Deal Through: Fund Management 2018, Luxembourg edition

Fund Management traces the regulatory and legislative obligations facing fund managers balancing the need to maximise investment returns whilst also ensuring adequate investor protections in an increasingly challenging regulatory environment. Topics are written by leading experts and include: authorities responsible for fund regulation; licensing processes; territorial scope of regulation; required authorisations of fund marketing activities; […]

Financial Regulatory News Updates – April 2018

The Financial Regulatory News Updates: an overview in which Loyens & Loeff’s Banking and Finance Practice Group highlights recent legislative developments and publications of supervisory authorities in the financial markets…

Dutch coal exit proposed by new draft bill

On 19 May 2018 the Minister of Economic Affairs and Climate Policy (hereinafter: ‘the Minister’) published its draft bill (in Dutch only) on the Prohibition of the use of coal by power producers for public consultation (hereinafter: ‘the draft bill’). The basis of the draft bill derives from international (the Paris Agreement in 2015) and national (the […]

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Heart disease

Congratulations to Browne Jacobson for the dumbest press release of the week. Congratulations to Browne Jacobson for the dumbest press release of the week. Headed “Valentines cards lead to employment tribunals”, the blurb goes on to warn that with Valentine’s Day just around the corner “and Cupid’s bow poised to strike” (yeeucchh), employers could find themselves […]

Nestor legal head defects to Homeserve as first in-houser

FTSE 250 company Homeserve has raided Nestor, the provider of UK health and social care services, for its first in-house lawyer. FTSE 250 company Homeserve has raided Nestor, the provider of UK health and social care services, for its first in-house lawyer. Emma Thomas, Nestor’s company secretary and head of legal, is leaving to join warranties and […]

Simmons gets first job from Royal Dutch

Simmons & Simmons has completed its first deal for Royal Dutch/Shell since being awarded a place on the oil giant’s panel last year. Simmons advised Shell on the sale of its oil products business in the Caribbean to the Sol Group, a petroleum affiliate of the Interamericana Trading Corporation. When Shell completed a global review […]

Group legal director Chidley in sudden exit from Royal Bank of Scotland

The Royal Bank of Scotland’s (RBS) director of group legal services Mark Chidley is leaving after just three years with the bank. It is understood that Chidley, who replaced Derek Arnott in 2002, has not secured a position elsewhere. Prior to joining RBS, Chidley was a partner at Addleshaw Booth & Co (now Addleshaw Goddard) […]

Manches ramps up property with double hire

Manches has bolstered its property team with the hire of two partners, including Davenport Lyons‘ former head of property Graham Atkins. Retail property specialist Atkins, who joined the firm last Monday (7 February), stepped down from a management role last year. He was at Davenport Lyons for 31 years. Manches has also hired Neil Benson, […]

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